PROPEL NONPROFITS: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PROPEL NONPROFITS (EIN 41-1916337)
- Tax period
- 2021-04-01 to 2022-03-31
- Filed
- 2023-02-13
- IRS object ID
- 202320449349300007
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-13T07:38:00-06:00 | ReturnTs |
| Tax Period End | 2022-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S 6TH STREET SUITE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411916337 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROPEL NONPROFITS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROP | BusinessNameControlTxt |
| Phone | 6122496700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE MAIN STREET 600 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATE BARR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6122496700 | PhoneNum |
| Signature | 2023-02-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KATE | PersonFirstNm |
| Person Last | BARR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEIRDRE HODGSON | PreparerPersonNm |
| PTIN | P01484710 | PTIN |
| Phone | 6123764500 | PhoneNum |
| Preparation | 2023-02-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KATE BARR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE MAIN STREET 600 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,478,230 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PROPELNONPROFITS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 37 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,246,500 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,415,603 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,082,787 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,042,057 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,487 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,570 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $8,344,774 | PYTotalRevenueAmt |
| CY Total Revenue | $14,478,230 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,194,746 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,414,679 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,943,971 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,037,307 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $221,786 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,335,596 | PYOtherExpensesAmt |
| CY Other Expenses | $1,555,525 | CYOtherExpensesAmt |
| PY Total Expenses | $7,474,313 | PYTotalExpensesAmt |
| CY Total Expenses | $9,007,511 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $870,461 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,470,719 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,479,076 | TotalAssetsBOYAmt |
| Total Assets EOY | $49,559,623 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,726,035 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,333,338 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,753,041 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $21,226,285 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF PROPEL NONPROFITS IS TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. PROPEL NONPROFITS PROVIDES LOANS TO NONPROFITS FOR FACILITIES AND WORKING CAPITAL. WE TRAIN NONPROFIT STAFF AND BOARDS TO UNDERSTAND AND BUILD FINANCIAL HEALTH, CLEAR STRATEGY, AND STRONG GOVERNANCE PRACTICES. WE PROVIDE EXPERT KNOWLEDGE, GUIDANCE, AND INSIGHT FOR NONPROFITS ABOUT GOVERNANCE, PLANNING, FINANCIAL STRATEGY, AND SUSTAINABILITY.WE CONSULT AND GUIDE ON STRATEGY, ORGANIZATIONAL STRUCTURE AND FINANCIAL PLANS, STRATEGIC ALLIANCES, AND GOVERNANCE. WE OFFER NONPROFIT ACCOUNTING SERVICES AND FINANCIAL SYSTEMS REVIEW. WE PROVIDE FISCAL SPONSORSHIP AND SUPPORT FOR EMERGING ORGANIZATIONS AND COLLABORATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,268,465 | ExpenseAmt |
| Grant | $977,918 | GrantAmt |
| Revenue | $1,475,275 | RevenueAmt |
| Desc | LENDING: AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. TREASURY, PROPEL NONPROFITS MAKES LOANS TO NONPROFIT ORGANIZATIONS TO EXPAND PROGRAMS AND SERVICES, BRIDGE CASH FLOW GAPS, CONSOLIDATE DEBT, AND MAKE CAPITAL IMPROVEMENTS. WE BELIEVE THAT ACCESS TO CAPITAL IS ESSENTIAL TO THE GROWTH AND STABILITY OF THE NONPROFIT SECTOR. PROPEL NONPROFITS MAKES LOANS TO NONPROFITS OF ALL SIZES AND STAGES OF DEVELOPMENT, MANY OF WHICH HAVE BEEN HISTORICALLY UNDER-SERVED BY TRADITIONAL MARKETS. LOANS ARE AS LARGE AS $1 MILLION AND AS SMALL AS $5,000. OVERALL, WE MADE 71 NEW LOANS IN FY2022 TOTALING $18,690,025. OUR LENDING IMPACTED ORGANIZATIONS WORKING IN HEALTH CARE, HUMAN SERVICES, ARTS AND HUMANITIES, CHARTER SCHOOLS, COMMUNITY DEVELOPMENT, AFFORDABLE HOUSING, AND OTHERS AS WELL. BY PARTNERING WITH OTHER CAPITAL PROVIDERS, WE ALSO LEVERAGED ADDITIONAL FUNDS OF $ 41.2 MILLION INTO THE COMMUNITY. PROPEL DEVELOPED A RECOVERY CAPITAL LOAN IN RESPONSE TO THE DISRUPTION IN OUR MARKET DUE TO COVID. THIS PRODUCT PROVIDES FINANCING AND CAPACITY BUILDING SUPPORT TO NONPROFITS THAT SERVE AND STRENGTHEN LOW INCOME PEOPLE, FAMILIES, AND MARGINALIZED MINORITY COMMUNITIES, AND REVITALIZES NEIGHBORHOODS THAT HAVE LACKED INVESTMENT AND ACCESS TO CAPITAL. THESE LOANS PROVIDE CRITICAL FLEXIBLE AND PATIENT WORKING CAPITAL LOANS FOR THOSE RECOVERING FROM THE IMPACTS OF COVID. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,659,411 | ExpenseAmt |
| Grant | $1,662,288 | GrantAmt |
| Revenue | $143,596 | RevenueAmt |
| Desc | TRAINING, CAPACITY BUILDING, AND KNOWLEDGE SHARING: PROPEL NONPROFITS PROVIDES ONGOING TRAINING, AND TECHNICAL ASSISTANCE ON TOPICS RANGING FROM FINANCIAL MANAGEMENT, ACCOUNTING, GOVERNANCE, NONPROFIT BUSINESS MODELS, AND SOCIAL ENTERPRISE. IN FY22 PROPELS PROGRAM DELIVERY CONTINUED TO BE MOSTLY VIRTUAL AS A RESULT OF COVID-19. PROPEL PRESENTED A TOTAL OF 132 TRAININGS TO 5,993 PARTICIPANTS IN FY22 AND HELD 14 LEADERS CIRCLES AND 4 FINANCIAL LEADERSHIP COHORTS WITH A COMBINED TOTAL OF 141 PARTICIPANTS. FY22 WAS THE SECOND YEAR OF A 2-YEAR CAPACITY BUILDING INITIATIVE (CBI) FOR FAMILY ENGAGEMENT WITH 12 NONPROFIT AND/OR FISCALLY SPONSORED ORGANIZATIONS IN A PARTICIPANT-DRIVEN CAPACITY BUILDING MODEL TO EMPOWER FAMILIES IN K12 EDUCATIONAL SYSTEMS. PROPEL, WITH FUNDS APPROPRIATED BY THE MINNESOTA STATE LEGISLATURE THROUGH THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED), LAUNCHED THE THIRD ROUND OF THE NONPROFIT INFRASTRUCTURE GRANT PROGRAM AIMED AT SUPPORTING THE MISSIONS OF 40 SMALL, CULTURALLY LED ORGANIZATIONS BY STRENGTHENING THEIR INFRASTRUCTURES. ALSO IN FY22, PROPEL DEVELOPED A NEW INITIATIVE, SEEDING CULTURAL TREASURES, DESIGNED TO NOURISH AND CULTIVATE THE LANDSCAPE OF EMERGING ARTS AND CULTURE ORGANIZATIONS RUN BY AND FOR BLACK, INDIGENOUS, AND OTHER PEOPLE OF COLOR. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,002,807 | ExpenseAmt |
| Grant | $1,774,473 | GrantAmt |
| Revenue | $104,266 | RevenueAmt |
| Desc | FISCAL SPONSORSHIP: PROPEL NONPROFITS ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT YET ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS, MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. PROPEL NONPROFITS IN TURN GRANTS THESE FUNDS TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED TO SATISFY THE PURPOSE OF THE CONTRIBUTION AS DIRECTED BY ITS DONOR. ONCE THE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THESE FUNDS ON ITS OWN OR ENTER INTO AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. ALONG WITH THE FISCAL MANAGEMENT OPTION, PROPEL PROVIDES EXTENSIVE TECHNICAL ASSISTANCE ON TOPICS SUCH AS FINANCIAL LEADERSHIP, BOARD GOVERNANCE, NONPROFIT BUSINESS MODELS, AND STRATEGIC PLANNING. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $776,721 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $318,920 | RevenueAmt |
| Desc | STRATEGIC SERVICES AND ACCOUNTING AND FINANCE CONSULTING: PROPEL NONPROFITS PROVIDES A WIDE RANGE OF INTEGRATED PROGRAMS AND SERVICES FOR NONPROFIT ORGANIZATIONS. PROPEL NONPROFITS IS A MUTUAL PARTNER THAT ASSISTS NONPROFITS IN ALIGNING THEIR VISION, GETTING THE NONPROFITS BOARDS AND LEADERSHIP TEAMS ON THE SAME PAGE, PROVIDING TOOLS FOR BETTER ORGANIZATIONAL COMMUNICATION, AND HELPING TO EQUIP NONPROFITS WITH THE TOOLS TO BE MORE EFFECTIVE IN REACHING THEIR MISSION. THE TOOLS THAT PROPEL NONPROFITS OFFERS THROUGH ITS STRATEGIC SERVICES PROGRAM ARE STRATEGIC PLANNING, ORGANIZATIONAL DEVELOPMENT, BOARD DEVELOPMENT, AND LEADERSHIP TRANSITION CONSULTING. PROPEL NONPROFITS ACCOUNTING & FINANCE PROGRAM OFFERS ACCOUNTING AND FINANCIAL MANAGEMENT SERVICES ALONG WITH CUSTOMIZED TECHNICAL ASSISTANCE WHICH HELPS ORGANIZATIONS UNDERSTAND THEIR FINANCIAL SITUATION, IDENTIFY PRIORITIES, AND DEVELOP A PLAN OF ACTION FOR THE NEAR AND LONG-TERM FUTURE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $776,721 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $318,920 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $7,707,404 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 23 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 37 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIE O'BRIEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6122496665 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 SE MAIN STREET 600 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55414 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| SEAN KERSHAW | |||||||
| CHAIR | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SARAH CLYNE | |||||||
| VICE CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID MITCHELL | |||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PAUL BABCOCK | |||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JEAN ADAMS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HEIDI CHRISTIANSON | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| COURTNEY COLBY | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BRAD KRUSE | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT MARQUARDT | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SONY MALHOTRA | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PATTY PANNKUK | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GARY TAVERNA | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BO THAO-URABE | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANE TRAN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARCUS OWENS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH TOPOLUK | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KATE BARR | |||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | $176,771 | $0 | $23,413 | ||
| KEVEN AMBRUS | |||||||
| VICE PRESIDENT OF FINANCE AND CFO | 40.00 | Yes (X) | $115,364 | $0 | $31,526 | ||
| GLYN NORTHINGTON | |||||||
| SENIOR PROGRAM DIRECTOR | 40.00 | $103,493 | $0 | $19,382 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $395,628 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $74,321 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,648,493 | GovernmentGrantsAmt |
| All Other Contributions | $9,767,110 | AllOtherContributionsAmt |
| Total Contributions | $12,415,603 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN INTEREST REVENUE | 522200 | $1,376,524 | $1,376,524 |
| CLIENT FEE AND CONTRAC | 541900 | $443,030 | $443,030 |
| WORKSHOP AND TRAINING | 522200 | $123,455 | $123,455 |
| LOAN FEE REVENUE | 522200 | $97,500 | $97,500 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,548 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,548 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,042,057 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,570 | TotalRevenueColumnAmt |
| Exclusion | $20,570 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,478,230 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,042,057 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,570 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,414,679 | TotalAmt |
| Program Services | $4,414,679 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $389,856 | TotalAmt |
| Program Services | $233,914 | ProgramServicesAmt |
| Management And General | $152,044 | ManagementAndGeneralAmt |
| Fundraising | $3,898 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,034,030 | TotalAmt |
| Program Services | $1,408,125 | ProgramServicesAmt |
| Management And General | $492,159 | ManagementAndGeneralAmt |
| Fundraising | $133,746 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,336 | TotalAmt |
| Program Services | $70,158 | ProgramServicesAmt |
| Management And General | $24,512 | ManagementAndGeneralAmt |
| Fundraising | $6,666 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $342,225 | TotalAmt |
| Program Services | $235,739 | ProgramServicesAmt |
| Management And General | $84,694 | ManagementAndGeneralAmt |
| Fundraising | $21,792 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,860 | TotalAmt |
| Program Services | $115,391 | ProgramServicesAmt |
| Management And General | $44,630 | ManagementAndGeneralAmt |
| Fundraising | $9,839 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,551 | TotalAmt |
| Management And General | $20,551 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,377 | TotalAmt |
| Program Services | $11,333 | ProgramServicesAmt |
| Management And General | $5,442 | ManagementAndGeneralAmt |
| Fundraising | $602 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,526 | TotalAmt |
| Management And General | $31,526 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,814 | TotalAmt |
| Program Services | $219,361 | ProgramServicesAmt |
| Management And General | $68,312 | ManagementAndGeneralAmt |
| Fundraising | $12,141 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,730 | TotalAmt |
| Program Services | $13,277 | ProgramServicesAmt |
| Management And General | $3,015 | ManagementAndGeneralAmt |
| Fundraising | $1,438 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,075 | TotalAmt |
| Program Services | $36,129 | ProgramServicesAmt |
| Management And General | $32,400 | ManagementAndGeneralAmt |
| Fundraising | $1,546 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,379 | TotalAmt |
| Program Services | $101,614 | ProgramServicesAmt |
| Management And General | $29,037 | ManagementAndGeneralAmt |
| Fundraising | $7,728 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,379 | TotalAmt |
| Program Services | $145,394 | ProgramServicesAmt |
| Management And General | $47,477 | ManagementAndGeneralAmt |
| Fundraising | $12,508 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,730 | TotalAmt |
| Program Services | $1,580 | ProgramServicesAmt |
| Management And General | $136 | ManagementAndGeneralAmt |
| Fundraising | $14 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,019 | TotalAmt |
| Program Services | $7,058 | ProgramServicesAmt |
| Management And General | $1,886 | ManagementAndGeneralAmt |
| Fundraising | $75 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $519,389 | TotalAmt |
| Program Services | $519,389 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,201 | TotalAmt |
| Program Services | $119,289 | ProgramServicesAmt |
| Management And General | $33,852 | ManagementAndGeneralAmt |
| Fundraising | $8,060 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,340 | TotalAmt |
| Program Services | $20,063 | ProgramServicesAmt |
| Management And General | $6,551 | ManagementAndGeneralAmt |
| Fundraising | $1,726 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| LENDING EXPENSES | $31,364 | $31,364 | ||
| FILING EXPENSES | $3,651 | $3,547 | $97 | $7 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,007,511 | TotalAmt |
| Program Services | $7,707,404 | ProgramServicesAmt |
| Management And General | $1,078,321 | ManagementAndGeneralAmt |
| Fundraising | $221,786 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,861,436 | BOYAmt |
| EOY | $8,093,976 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,387,637 | BOYAmt |
| EOY | $10,851,617 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $977,582 | BOYAmt |
| EOY | $799,217 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,900 | BOYAmt |
| EOY | $868,136 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,487,319 | BOYAmt |
| EOY | $27,424,647 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,259 | BOYAmt |
| EOY | $144,636 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,441,236 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $887,401 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $667,909 | BOYAmt |
| EOY | $553,835 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $821,034 | BOYAmt |
| EOY | $823,559 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,479,076 | BOYAmt |
| EOY | $49,559,623 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $942,963 | BOYAmt |
| EOY | $1,035,101 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $561,750 | BOYAmt |
| EOY | $416,302 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $690,659 | BOYAmt |
| EOY | $581,906 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,530,663 | BOYAmt |
| EOY | $25,403,779 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $896,250 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,726,035 | BOYAmt |
| EOY | $28,333,338 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,321,637 | BOYAmt |
| EOY | $13,260,860 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,431,404 | BOYAmt |
| EOY | $7,965,425 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,753,041 | BOYAmt |
| EOY | $21,226,285 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,479,076 | BOYAmt |
| EOY | $49,559,623 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,470,719 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,525 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,719,704 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,598,397 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,703,358 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,246,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,415,603 | CurrentTaxYearAmt |
| Total | $33,683,562 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,719,704 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,598,397 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,703,358 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,246,500 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,415,603 | CurrentTaxYearAmt |
| Total | $33,683,562 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,094,449 | SubstantialContributorsTotAmt |
| Public Support Total170 | $24,589,113 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,032 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $25,344 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $80,433 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,487 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,570 | CurrentTaxYearAmt |
| Total | $162,866 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $33,846,428 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $11,602,676 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.72650 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83640 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $605,476 | OtherCostOrOtherBasisAmt |
| Depreciation | $264,346 | DepreciationAmt |
| Book Value | $341,130 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $825,256 | OtherCostOrOtherBasisAmt |
| Depreciation | $618,551 | DepreciationAmt |
| Book Value | $206,705 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,504 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,504 | DepreciationAmt |
| Book Value | $6,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $553,835 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOAN FORGIVENESS | Desc |
| Amt | $896,250 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $896,250 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,480,755 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,525 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $2,525 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,478,230 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,478,230 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,007,511 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,007,511 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,007,511 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE COMBINED ORGANIZATION ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS OR MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. THESE FUNDS ARE TREATED AS CONTRIBUTIONS WITH DONOR RESTRICTIONS WHEN RECEIVED BY PROPEL NONPROFITS. THESE FUNDS ARE RELEASED FROM RESTRICTION AS PROPEL NONPROFITS IN TURN GRANTS THEM TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED TO ACCOMPLISH THE PURPOSE OF THE CONTRIBUTION AS ORIGINALLY RESTRICTED BY ITS DONOR. ONCE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THOSE FUNDS ON ITS OWN OR ENTER AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL NONPROFITS ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. IF THE CLIENT CHOOSES TO HAVE PROPEL NONPROFITS ADMINISTER ITS FUNDS, THOSE FUNDS BECOME A LIABILITY OF PROPEL NONPROFITS AND ARE RECORDED AS SUCH FOR ACCOUNTING PURPOSES. THE ARRANGEMENT INCLUDES PROPEL NONPROFITS HOLDING THE CLIENT'S FUNDS IN A CUSTODIAL ACCOUNT, PROVIDING BOOKKEEPING AND ACCOUNTING SERVICES, AND ASSISTING IN OTHER ADMINISTRATIVE DUTIES RELATED TO THOSE FUNDS. IN THIS ARRANGEMENT, THE MANAGEMENT OF THE FISCALLY-SPONSORED CLIENT DIRECTS THE USE OF THE FUNDS. PROPEL NONPROFITS SIMPLY EXECUTES THE MECHANICS OF THE TRANSACTIONS. |
| PART X, LINE 2: | PROPEL NONPROFITS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE. IT HAS BEEN CLASSIFIED AS A PUBLIC CHARITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE IRC AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. PROPEL NONPROFITS IS ALSO EXEMPT FROM STATE INCOME TAXES. PROPEL NONPROFITS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (83 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| PANGEA WORLD THEATRE | |||||||||
| 711 WEST LAKE STREET SUITE 101 | MINNEAPOLIS | MN | 55408 | 411854164 | 501(C)(3) | $47,475 | $0 | FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION | |
| HARAMBEE SPORTS CLUB | |||||||||
| 2432 30TH AVE S | MINNEAPOLIS | MN | 554061446 | 844396737 | 501(C)(3) | $5,782 | $0 | FISCAL SPONSORSHIP | |
| MARKET ENTRY FUND | |||||||||
| 1136 GRAND AVE STE 300 | SAINT PAUL | MN | 551052628 | 834587871 | $45,000 | $0 | FISCAL SPONSORSHIP | ||
| LEECH LAKE FINANCIAL SERVICES | |||||||||
| 113 SPRUCE AVENUE NORTHEAST | CASS LAKE | MN | 56633 | 462579700 | 501(C)(3) | $7,063 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| MINNEAPOLIS FOUNDATION | |||||||||
| 80 S 8TH ST | MINNEAPOLIS | MN | 554022100 | 416029402 | 501(C)(3) | $92,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| REVIVING THE ISLAMIC SISTERHOOD FOR EMPOWERMENT | |||||||||
| 1007 W BROADWAY AVE | MINNEAPOLIS | MN | 554112503 | 811236990 | 501(C)(3) | $27,170 | $0 | SEEDING CULTURAL TREASURES & NONPROFIT INFRASTRUCTURE GRANT PROGRAMS | |
| TRANSMISSION MINISTRY COLLECTIVE | |||||||||
| 2124 COMO AVE APT 303 | SAINT PAUL | MN | 551081803 | 844915474 | $61,445 | $0 | FISCAL SPONSORSHIP | ||
| SOLUTIONS NOT SUSPENSIONS COALITION | |||||||||
| 1611 PARK AVE | MINNEAPOLIS | MN | 554043793 | 832238254 | $11,250 | $0 | FISCAL SPONSORSHIP | ||
| CURA FOUNDATION | |||||||||
| 13350 TIMBER CREST DR | MAPLE GROVE | MN | 553113332 | 854263441 | 501(C)(3) | $13,953 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| LOWER PHALEN CREEK PROJECT #4496 | |||||||||
| 60 PLATO BLVD E STE 400 | SAINT PAUL | MN | 55106 | 275469929 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| 360 IMPACT | |||||||||
| 218 7TH ST E | SAINT PAUL | MN | 551012366 | 862543829 | $228,000 | $0 | FISCAL SPONSORSHIP | ||
| INDIGENOUS ROOTS | |||||||||
| 788 7TH ST E | SAINT PAUL | MN | 551065015 | 474492457 | 501(C)(3) | $26,734 | $0 | SEEDING CULTURAL TREASURES & NONPROFIT INFRASTRUCTURE GRANT PROGRAMS | |
| MANIDOO OGITIGAAN | |||||||||
| 102 1ST ST W STE 110 | BEMIDJI | MN | 566014695 | 824771865 | 501(C)(3) | $14,161 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| MINNESOTA IBPOC IN EVALUATION COMMUNITY OF PRAXIS | |||||||||
| 808 BERRY ST APT 247 | SAINT PAUL | MN | 551141076 | 863264393 | $18,494 | $0 | FISCAL SPONSORSHIP | ||
| STORYARK | |||||||||
| 640 MAIN ST N APT 34 | STILLWATER | MN | 550823931 | 813780329 | 501(C)(3) | $5,851 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| CULTURAL DIVERSITY RESOURCES | |||||||||
| 112 UNIVERSITY DR N STE 306 | FARGO | ND | 581024661 | 411896836 | 501(C)(3) | $7,376 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| NORTHEAST SCULPTURE GALLERY FACTORY | |||||||||
| 1720 NE MADISON ST 14 | MINNEAPOLIS | MN | 55413 | 832858954 | 501(C)(3) | $7,500 | $0 | SEEDING CULTURAL TREASURES PROGRAM | |
| BRIDGEMAKERS | |||||||||
| C/O IMPACTHUB SUITE 200 825 | MINNEAPOLIS | MN | 55414 | 854214217 | $331,946 | $0 | FISCAL SPONSORSHIP | WASHINGTON AVE SE | |
| VOICES FOR RACIAL JUSTICE | |||||||||
| 2525 E FRANKLIN AVE STE 301 | MINNEAPOLIS | MN | 554061198 | 411750116 | 501(C)(3) | $135,000 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| WAYSIDE HOUSE INC #4518 | |||||||||
| 7401 METRO BLVD STE 200 | EDINA | MN | 554393030 | 410873104 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| MINNESOTA EDUCATION EQUITY PARTNERSHIP | |||||||||
| 2233 UNIVERSITY AVE W STE 220 | SAINT PAUL | MN | 551141698 | 411699505 | 501(C)(3) | $160,000 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| KA JOOG #3986 | |||||||||
| 419 CEDAR AVE S PMB 257 | MINNEAPOLIS | MN | 554541032 | 392073475 | 501(C)(3) | $10,000 | $0 | EQUITY BUILDER FORGIVENESS | |
| THE NETWORK FOR BETTER FUTURES #4549 | |||||||||
| 813 N 5TH ST | MINNEAPOLIS | MN | 554011135 | 450550557 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| MINNESOTA PARENT UNION | |||||||||
| 2288 UNIVERSITY AVE W | SAINT PAUL | MN | 551149938 | 844704645 | 501(C)(3) | $137,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| CENTER FOR COACHING IN ORGANIZATIONS | |||||||||
| 1995 JERROLD AVE | ARDEN HILLS | MN | 551127907 | 853672864 | 501(C)(3) | $5,996 | $0 | FISCAL SPONSORSHIP | |
| THE CEDAR CULTURAL CENTER #3961 | |||||||||
| 416 CEDAR AVE S | MINNEAPOLIS | MN | 554541033 | 411669156 | 501(C)(3) | $10,000 | $0 | EQUITY BUILDER FORGIVENESS | |
| SOMALI SUCCESS SCHOOL | |||||||||
| 2812 E 26TH ST | MINNEAPOLIS | MN | 554061303 | 203021208 | 501(C)(3) | $92,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| MEMORIALIZE THE MOVEMENT | |||||||||
| 1 SE MAIN ST STE 600 | MINNEAPOLIS | MN | 554141036 | 863217004 | $68,469 | $0 | FISCAL SPONSORSHIP | ||
| CHANGE INC #4574 | |||||||||
| 381 ROBIE ST E | SAINT PAUL | MN | 551072415 | 410906127 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| STELLER KINDNESS PROJECT | |||||||||
| 945 BROADWAY ST NE | MINNEAPOLIS | MN | 554131471 | 842681106 | $10,359 | $0 | FISCAL SPONSORSHIP | ||
| CENTER FOR LEADERSHIP AND NEIGHBORHOOD ENGAGEMENT | |||||||||
| 4150 DUPONT AVE N | MINNEAPOLIS | MN | 554121615 | 851027484 | 501(C)(3) | $9,914 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| CITY OF LAKES COMMUNITY LAND TRUST #4541 | |||||||||
| 1930 GLENWOOD AVE | MINNEAPOLIS | MN | 554051248 | 061665031 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| SWEET POTATO COMFORT PIE | |||||||||
| 8014 HIGHWAY 55 464 | GOLDEN VALLEY | MN | 554274712 | 844657505 | 501(C)(3) | $13,575 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| FOSTER ADVOCATES #4539 | |||||||||
| 2233 UNIVERSITY AVE W STE 235 | SAINT PAUL | MN | 551141629 | 825411160 | 501(C)(3) | $37,500 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| PENUMBRA THEATRE COMPANY | |||||||||
| 270 KENT ST | SAINT PAUL | MN | 551021744 | 411563764 | 501(C)(3) | $73,850 | $0 | FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION | |
| SISTERS NEED A PLACE | |||||||||
| PO BOX 11358 | MINNEAPOLIS | MN | 554110358 | 571188655 | 501(C)(3) | $9,900 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| ASSOCIATION FOR BLACK ECONOMIC POWER | |||||||||
| 227 COLFAX AVE N STE 230 | MINNEAPOLIS | MN | 554051414 | 815486146 | 501(C)(3) | $14,123 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| 30000 FEET | |||||||||
| 2355 MN-36 | ROSEVILLE | MN | 55113 | 473224688 | 501(C)(3) | $92,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| YOUTH LEADERSHIP INITIATIVE | |||||||||
| 5500 38TH AVE S | MINNEAPOLIS | MN | 554172107 | 861711656 | 501(C)(3) | $198,596 | $0 | FISCAL SPONSORSHIP | |
| ALONGSIDE NETWORK | |||||||||
| 4817 ELLIOT AVE | MINNEAPOLIS | MN | 554171137 | 871703441 | 501(C)(3) | $48,449 | $0 | FISCAL SPONSORSHIP | |
| ZAMYA THEATER PROJECT | |||||||||
| 3501 CHICAGO AVE | MINNEAPOLIS | MN | 554072109 | 832374869 | 501(C)(3) | $6,978 | $0 | FISCAL SPONSORSHIP | |
| FAMILY VALUES FOR LIFE | |||||||||
| 1280 ARCADE ST | SAINT PAUL | MN | 551062067 | 412006889 | 501(C)(3) | $92,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| BROWNBODY | |||||||||
| 434 VADNAIS LAKE DRIVE | VADNAIS HEIGHTS | MN | 55127 | 462759548 | 501(C)(3) | $17,133 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| TEATRO DEL PUEBLO | |||||||||
| 209 PAGE ST W | SAINT PAUL | MN | 551073457 | 411739320 | 501(C)(3) | $47,475 | $0 | FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION | |
| URBAN BIRD COLLECTIVE | |||||||||
| 122 WINIFRED ST W | SAINT PAUL | MN | 551072142 | 843935254 | 501(C)(3) | $11,673 | $0 | FISCAL SPONSORSHIP | |
| LORING COLLECTIVE | |||||||||
| 1516 W LAKE ST STE 105 | MINNEAPOLIS | MN | 554086600 | 844233302 | $15,314 | $0 | FISCAL SPONSORSHIP | ||
| TUSAALO | |||||||||
| 2817 ANTHONY LN S STE 105 | MINNEAPOLIS | MN | 554182489 | 844923561 | 501(C)(3) | $5,884 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| AMERICAN INDIAN COMMUNITY HOUSING ORG #4533 | |||||||||
| 202 W 2ND ST | DULUTH | MN | 558021934 | 411782394 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| THE GOOD ACRE #4471 | |||||||||
| 1790 LARPENTEUR AVE W | FALCON HEIGHTS | MN | 551135736 | 471663334 | 501(C)(3) | $21,250 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| PARK SQUARE #3985 | |||||||||
| 408 SAINT PETER ST STE 110 | SAINT PAUL | MN | 551021121 | 411280683 | 501(C)(3) | $21,667 | $0 | EQUITY BUILDER FORGIVENESS | |
| COUNCIL ON AMERICAN-ISLAMIC RELATIONS MINNESOTA | |||||||||
| 2511 E FRANKLIN AVE STE 100 | MINNEAPOLIS | MN | 554061028 | 450553731 | 501(C)(3) | $20,064 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| NEW NATIVE THEATRE | |||||||||
| PO 40118 | SAINT PAUL | MN | 55104 | 273901099 | 501(C)(3) | $47,475 | $0 | FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION | |
| HEART OF THE BEAST #3917 | |||||||||
| 1500 E LAKE ST | MINNEAPOLIS | MN | 554071720 | 411251313 | 501(C)(3) | $13,333 | $0 | EQUITY BUILDER FORGIVENESS | |
| AMERICAN INDIAN FAMILY CENTER | |||||||||
| 579 WELLS ST | SAINT PAUL | MN | 551304134 | 411841352 | 501(C)(3) | $92,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| SOMALI YOUTH AND FAMILY DEVELOPMENT CENTER | |||||||||
| 2400 PARK AVE | MINNEAPOLIS | MN | 554043713 | 264646941 | 501(C)(3) | $8,535 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| MEWINZHA ONDAADIZIIKE WIIGAMING | |||||||||
| 802 PAUL BUNYAN DR S STE 13 | BEMIDJI | MN | 566013204 | 462523191 | 501(C)(3) | $7,169 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| SPRINGBOARD FOR THE ARTS | |||||||||
| 308 PRINCE ST STE 270 | SAINT PAUL | MN | 551011437 | 411690483 | 501(C)(3) | $15,651 | $0 | SEEDING CULTURAL TREASURES & NONPROFIT INFRASTRUCTURE GRANT PROGRAMS | |
| HMONG MUSEUM OF MINNESOTA | |||||||||
| 941 LAFOND AVENUE | SAINT PAUL | MN | 55104 | 471620897 | 501(C)(3) | $14,631 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| COALITION OF ASIAN AMERICAN LEADERS | |||||||||
| 941 LAFOND AVE STE 205 | SAINT PAUL | MN | 551042110 | 810874603 | 501(C)(3) | $92,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| NEW AMERICANS ALLIANCE FOR DEVELOPMENT | |||||||||
| 1821 UNIVERSITY AVE W STE 328 | SAINT PAUL | MN | 551042881 | 571139418 | 501(C)(3) | $73,293 | $0 | FISCAL SPONSORSHIP | |
| WE WIN INSTITUTE INC | |||||||||
| 3424 PORTLAND AVE | MINNEAPOLIS | MN | 55407 | 411820991 | 501(C)(3) | $92,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| FROGTOWN GREEN | |||||||||
| 843 VAN BUREN AVE | SAINT PAUL | MN | 551041665 | 710969337 | $13,095 | $0 | FISCAL SPONSORSHIP | ||
| SKYLINE MATH & SCIENCE ACADEMY #4532 | |||||||||
| 2600 26TH AVE S | MINNEAPOLIS | MN | 554064526 | 811842731 | 501(C)(3) | $25,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| TU DANCE #3992 | |||||||||
| PO BOX 40405 | SAINT PAUL | MN | 551048405 | 202534129 | 501(C)(3) | $10,000 | $0 | EQUITY BUILDER FORGIVENESS | |
| TEATRO DEL PUEBLO | |||||||||
| 209 PAGE ST W | SAINT PAUL | MN | 551073457 | 411739320 | 501(C)(3) | $19,973 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| HMONG EARLY CHILDHOOD COALITION | |||||||||
| 724 BIELENBERG DR 6 | WOODBURY | MN | 551252620 | 831217023 | 501(C)(3) | $126,769 | $0 | FISCAL SPONSORSHIP | |
| WALKER WEST MUSIC ACADEMY #4491 | |||||||||
| 760 SELBY AVE | SAINT PAUL | MN | 551046618 | 411678368 | 501(C)(3) | $25,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| NORTHFIELD SPLASHPAD | |||||||||
| 2651 OAK LAWN DR | NORTHFIELD | MN | 550573443 | 844401107 | $15,411 | $0 | FISCAL SPONSORSHIP | ||
| COMMUNITY INTEGRATION CENTER | |||||||||
| 201 5TH ST SW | WILLMAR | MN | 562013211 | 822096014 | 501(C)(3) | $23,133 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| THEATER MU INC | |||||||||
| 755 PRIOR AVE N STE 107 | SAINT PAUL | MN | 551041069 | 411727881 | 501(C)(3) | $47,475 | $0 | FISCAL SPONSORSHIP - TWIN CITIES THEATERS OF COLOR COALITION | |
| SOMALI AMERICAN PARENT ASSOCIATION | |||||||||
| 1821 UNIVERSITY AVE | ST PAUL | MN | 55104 | 263120451 | 501(C)(3) | $92,500 | $0 | FAMILY ENGAGEMENT PROGRAM | |
| COMMUNITY PARTNERSHIP COLLABORATIVE 20 | |||||||||
| 3210 OLIVER AVE N | MINNEAPOLIS | MN | 554122316 | 820652224 | 501(C)(3) | $12,109 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| LOVELY'S SEWING & ARTS COLLECTIVE | |||||||||
| 121 WASHINGTON AVE N | MINNEAPOLIS | MN | 554012503 | 475656989 | 501(C)(3) | $15,387 | $0 | NONPROFIT INFRASTRUCTURE GRANT PROGRAM | |
| TUBMAN #4534 | |||||||||
| 4432 CHICAGO AVE | MINNEAPOLIS | MN | 554073519 | 411240048 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| MODEL CITIES OF ST PAUL #4499 | |||||||||
| 839 UNIVERSITY AVE W | SAINT PAUL | MN | 551042671 | 411687873 | 501(C)(3) | $37,500 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| MINNESOTA AUTISTIC ALLIANCE | |||||||||
| 1056 WINSLOW AVE | SAINT PAUL | MN | 551181344 | 861998598 | 501(C)(3) | $25,189 | $0 | FISCAL SPONSORSHIP | |
| IMMIGRANT LAW CENTER OF MINNESOTA #4537 | |||||||||
| 450 N SYNDICATE ST SUITE 200 | SAINT PAUL | MN | 55104 | 410909036 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| FAMILY TREE INC #4495 | |||||||||
| 1919 NICOLLET AVE | MINNEAPOLIS | MN | 554033747 | 237133742 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| ST PAUL NEIGHBORHOOD NETWORK #3987 | |||||||||
| 550 VANDALIA ST STE 170 | SAINT PAUL | MN | 551142019 | 411500773 | 501(C)(3) | $10,000 | $0 | EQUITY BUILDER FORGIVENESS | |
| POLLEN MIDWEST #4551 | |||||||||
| PO BOX 18027 | MINNEAPOLIS | MN | 55418 | 463868459 | 501(C)(3) | $75,000 | $0 | RECOVERY CAPITAL LOAN FORGIVENESS | |
| THE CREW URBAN YOUTH EQUESTRIANS | |||||||||
| 1325 MACARTHUR AVE | WEST ST PAUL | MN | 551182534 | 854143091 | 501(C)(3) | $32,362 | $0 | FISCAL SPONSORSHIP | |
| FOOD FOR THE PEOPLE | |||||||||
| 3441 ALDRICH AVE S APT 2 | MINNEAPOLIS | MN | 554084143 | 874645309 | $13,483 | $0 | FISCAL SPONSORSHIP | ||
| AYADA LEADS | |||||||||
| 615 1ST AVE NE SUITE 500 | MINNEAPOLIS | MN | 55413 | 474294816 | 501(C)(3) | $162,500 | $0 | FAMILY ENGAGEMENT GRANT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 71 | Total501c3OrgCnt |
| Total Other Org | 12 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE MADE TO CLIENT PARTICIPANTS IN OUR SOCIAL ENTERPRISE COHORT, EQUITY BUILDER LOAN PROGRAM, FISCAL SPONSORSHIP PROGRAM, AND NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP). IN ALL FOUR OF THESE PROGRAMS, CLIENTS MUST APPLY AND ARE VETTED FOR FIT AND PROBABLE SUCCESS. FOR CLIENTS THAT ARE GRANTEES IN THE SOCIAL ENTERPRISE COHORT AND EQUITY BUILDER LOAN PROGRAM, THE GRANTEE MUST BE ACTIVELY PARTICIPATING IN THE PROGRAM, ATTENDING REQUIRED MEETINGS AND TRAININGS, AND MEETING MINIMUM PROGRAMMATIC AND FINANCIAL THRESHOLDS. OUR PROGRAM STAFF ARE IN CONSTANT CONTACT WITH THE CLIENT PARTICIPANTS AND MONITOR THEIR PROGRESS. EACH APPLICANT TO THE FISCAL SPONSORSHIP PROGRAM APPLIES AND IS VETTED BY A COMMITTEE OF BOARD, STAFF, AND COMMUNITY MEMBERS. ONCE ACCEPTED AS A FISCALLY SPONSORED CLIENT, MOST OF THESE CLIENTS HAVE ENGAGED PROPEL NONPROFITS TO PROVIDE ONGOING PROGRAM AND ACCOUNTING SUPPORT. GRANTEES OF THE NIGP APPLIED TO AND WERE ACCEPTED BY A COMMITTEE OF COMMUNITY REPRESENTATIVES. FOR BOTH THE FISCAL SPONSORSHIP PROGRAM AND THE NIGP, GRANTEES ARE CONSTANTLY MONITORED AND SUPPORTED. PROGRAM ACTIVITIES INCLUDE A WIDE VARIETY OF OFFERINGS, INCLUDING THE FOLLOWING: SUPPORT FOR ORGANIZATIONAL REQUIREMENTS DURING ONBOARDING; ACCESS TO NO COST OR DISCOUNTED TRAINING; GUIDANCE ON FINANCIAL MANAGEMENT, GOVERNANCE, AND STRATEGY; NO COST OR DISCOUNTED CONSULTING SERVICES; INVITATIONS TO PARTICIPATE IN PEER LEARNING; AND ADDITIONAL TECHNICAL ASSISTANCE PROVIDED BY PROPEL NONPROFITS STAFF. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATE BARR | PersonNm |
| Title | PRESIDENT AND CEO | TitleTxt |
| Base Compensation Filing Org | $176,771 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $8,839 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $14,574 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $200,184 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS. THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THE PRESIDENT/CEO. THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE PROPEL NONPROFITS CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY ALL EMPLOYEES AND BOARD MEMBERS. EACH STAFF MEMBER IS REQUIRED TO DISCLOSE ANY DUALITIES OF INTEREST IN WRITING. NEW EMPLOYEES AND BOARD MEMBERS REVIEW THE POLICY AND DISCLOSE ANY DUALITIES OF INTEREST UPON FIRST JOINING THE STAFF OR BOARD. IN THE COURSE OF BUSINESS, IF AND WHEN A RELEVANT DUALITY OF INTEREST ARISES, THE EMPLOYEE OR BOARD MEMBER DISCLOSES IT VERBALLY AND IS RECUSED FROM ANY DECISION MAKING ROLE RELATED TO THE DUAL INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE OF PROPEL NONPROFITS BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING ANNUALLY THE PERFORMANCE AND SALARY OF THE PRESIDENT & CEO. BASED ON THE REVIEW, THE COMMITTEE DETERMINES COMPENSATION FOR THE PRESIDENT & CEO. IN ITS SALARY DETERMINATION, THE COMMITTEE ENGAGES AN HR COMPENSATION CONSULTANT, CONSIDERS SALARIES OF CEO'S IN PEER ORGANIZATIONS WITH COMPARABLE EXPERIENCE, CONSULTS SURVEY DATA OF NONPROFIT EXECUTIVES, AND REVIEWS THE HISTORY OF THE PRESIDENT & CEO'S COMPENSATION. LAST REVIEW WAS IN 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | PROPEL NONPROFITS MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO ANYONE UPON REQUEST. PROPEL NONPROFITS' GOVERNING DOCUMENTS INCLUDE ITS ARTICLES OF INCORPORATION, BYLAWS, AND IRS FORM 1023. PROPEL NONPROFITS FINANCIAL STATEMENTS, ANNUAL REPORTS, AND QUARTERLY INVESTOR REPORTS ARE AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. PROPEL NONPROFITS FINANCIAL STATEMENTS INCLUDE ITS AUDITED FINANCIAL STATEMENTS, SINGLE AUDIT (WHEN REQUIRED), AND IRS FORM 990 INCLUDING SCHEDULES AND ATTACHMENTS. |
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